Asia
Asia
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The Effective Date of The Management Integration Is January 1, 2013
Dec 14, 2012JFE Holdings Inc and IHI Corporation announced that the effective date of the management integration of their respective subsidiaries Universal Shipbuilding Corporation and IHI Marine United Inc. is January 1, 2013, as announced tentatively ...
Tags: iron ore price news, steel construction, steel market prices
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Industrialists Lash out Squeezing of Gas Supplies to The Industries Leading
Dec 14, 2012The News reported that Industrialists lash out squeezing of gas supplies to the industries leading to layoff of a large number of workers despite the fact that controlling wastefulness of gas in the domestic sector could save the country a ...
Tags: gas, gas supplies, gas heaters, gas supply network
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Iranian Offshore Oil Company Has Managed to Boost Output at Oilfields to a Great Extent
Dec 14, 2012MNA reported that the Iranian Offshore Oil Company has managed to boost output at oilfields to a great extent. Mr Mahmoud Zirakchianzadeh MD of IOOC said that output at the Siri and the Salman regions have been increased by 25% and 50% ...
Tags: offshore oilfields, oilfields, oil, oil wells
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Coretrax Has Moved to a New Purpose Built HQ with an Investment of GBP 2.4 Million
Dec 14, 2012Aberdeen based oilfield services firm, Coretrax, has moved to a new purpose built HQ with an investment of GBP 2.4 million into the office and workshop space. Formed in 2008, the company had outgrown its previous offices in Altens, ...
Tags: oilfield services, oilfield, oil aindustry, gas industry
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Directorate of Mines Informed The Supreme Court Appointed Centrally Empowered Committee
Dec 14, 2012Business Standard reported that the Directorate of Mines on December 10th informed the Supreme Court appointed Centrally Empowered Committee that it has completed the process of lease renewal of 40 mines, which are working under deemed ...
Tags: mines, Mineral, mining lease, Mining Corporation
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A Steel Business Is Targeting Growth After Receiving a GBP 700,000 Finance Package
Dec 14, 2012Menmedia reported that a steel business is targeting growth after receiving a GBP 700,000 finance package from Yorkshire Bank. Radcliffe based Steel Dynamics was founded in September to supply stainless steel, duplex and nickel alloys to ...
Tags: Steel Dynamics, steel, stainless steel, nickel alloys
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There Is No Policy for Fixation of Sale Price of The Ore
Dec 14, 2012Business Standard reported that amid allegations of monopolization of chrome ore trade leveled by the All Odisha Steel Federation against state controlled miner Odisha Mining Corporation, the Odisha government has informed the Competition ...
Tags: chrome ore, chrome ore trade, ore, sponge iron
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IIMA President Announced The Appointment of Stuart Horner as Secretary General
Dec 14, 2012International Iron Metallics Association (IIMA) President Alberto Hassan, acting on behalf of the Board of Directors and Executive Committee, today announced the appointment of Stuart Horner as Secretary General, effective January 1, 2013. ...
Tags: Iron, Iron Metallics, metals, metallurgical
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The Size of Japanese Oil Imports From Saudi at USD 48.2 Billion
Dec 14, 2012Mr Jun Yoshida Japanese Consul General estimated that the size of Japanese oil imports from Saudi at USD 48.2 billion while Japanese exports to the Kingdom amounted to USD 8.4 billion in automobile in addition to electrical machinery. Mr ...
Tags: Oil export, Oil, automobile, electrical machinery
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STX Limited The Industrial Plant Business Unit of South Korea's STX Group
Dec 14, 2012Reuters reported that STX Heavy Industries Company Limited the industrial plant business unit of South Korea's STX Group has obtained a USD 150 million order to construct and operate a power plant in Iraq. STX Heavy Industries said that ...
Tags: Heavy Industries, industrial plant business, power plant, electricity
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Turkey's Chrome Ore Exports Amounted to 98,315 Tonnes Falling 17% Compared to September
Dec 14, 2012According to the data provided by the Turkish Statistical Institute, in October this year Turkey's chrome ore exports amounted to 98,315 tonnes falling 17% compared to September this year and down 40% compared to the same month of 2011. ...
Tags: chrome ore export, chrome ore, manganese ore, chrome, ore
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Over 400 Iranian Companies Are Taking Part in Development of The South Pars Gas Field
Dec 13, 2012MNA reported that more than 400 Iranian companies are taking part in the development of the South Pars gas field through supplying equipment to related projects. Mr Ali Akbar Shabanpour MD of South Pars Gas Company said that the company ...
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ASSOCHAM Business Confidence Survey Has Indicated That The Slowdown Is About to Bottom out
Dec 13, 2012In the midst of a gloomy GDP growth scenario, an ASSOCHAM business confidence survey has indicated that the slowdown is about to bottom out, but it may get a little worse before it gets better in the last quarter of the current financial ...
Tags: GDP, current financial year, business confidence survey
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Kincora Copper Continues to Drill and Is Consistently Finding Evidence of Copper
Dec 13, 2012Mr John Rickus President & CEO at Kincora Copper said that the company continues to drill and is consistently finding evidence of copper. The strategy remains to further the drill campaign until it finds a large deposit that it believes is ...
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Russkaya Compressor Celebrate The Construction Start-up of The South Stream Gas Pipeline
Dec 13, 2012The Russkaya compressor station site (near Anapa, Krasnodar Territory) hosted the celebrations dedicated to the construction start-up of the South Stream gas pipeline. The celebrations were attended by Vladimir Putin, President of the ...
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